Aegon (AEG) to Release Quarterly Earnings on Thursday

Aegon (NYSE:AEG) is anticipated to release its results before the market opens on Thursday, March 26th. Analysts expect Aegon to post earnings of $0.4808 per share for the quarter.

Aegon Price Performance

Shares of Aegon stock opened at $6.96 on Thursday. The firm’s fifty day simple moving average is $7.52 and its 200-day simple moving average is $7.63. Aegon has a 12 month low of $5.42 and a 12 month high of $8.15. The stock has a market capitalization of $13.96 billion, a price-to-earnings ratio of -43.49, a PEG ratio of 0.44 and a beta of 0.78.

Aegon Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 15th will be issued a $0.2469 dividend. This represents a dividend yield of 671.0%. The ex-dividend date of this dividend is Monday, June 15th. Aegon’s dividend payout ratio is presently -237.50%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Aegon in the fourth quarter valued at about $33,000. Quantessence Capital LLC acquired a new position in Aegon during the 4th quarter worth approximately $78,000. Abel Hall LLC acquired a new position in Aegon during the 4th quarter worth approximately $83,000. Advisors Asset Management Inc. purchased a new position in shares of Aegon during the 4th quarter worth approximately $98,000. Finally, Focus Partners Advisor Solutions LLC purchased a new position in shares of Aegon during the 4th quarter worth approximately $99,000. 4.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on AEG. Weiss Ratings downgraded shares of Aegon from a “buy (a-)” rating to a “buy (b)” rating in a research note on Monday, March 9th. Deutsche Bank Aktiengesellschaft started coverage on Aegon in a research report on Wednesday, January 7th. They issued a “hold” rating on the stock. UBS Group cut Aegon from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Aegon in a research note on Friday, January 9th. Finally, Wall Street Zen lowered Aegon from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Aegon has a consensus rating of “Moderate Buy”.

Aegon Company Profile

Aegon N.V. is a multinational financial services company headquartered in The Hague, Netherlands, specializing in life insurance, pensions and asset management. Established in 1983 through the merger of AGO and Ennia, Aegon has built a reputation for offering retirement solutions, savings products and protection plans aimed at helping customers secure their financial futures. The company operates under well-known brands, including Transamerica in the United States, and serves both individual and corporate clients.

Throughout its history, Aegon has pursued strategic acquisitions and partnerships to strengthen its market position and broaden its service offerings.